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New Ceres Survey Data: U.S. Mutual Funds Backtrack in Supporting Climate Resolutions in 2010
April 2011 – This survey, conducted by Ceres and Fund Votes, examines how U.S. mutual fund companies have been acting - or not acting - to address climate change risks in their portfolios through their proxy voting. The survey, now in its sixth year, analyzed 46 mutual fund families’ proxy votes on 36 shareholder-sponsored climate change-related resolutions in the 2010 proxy season. It found that U.S. mutual funds’ voting support for climate-related shareholder resolutions is not keeping pace with the escalating risks associated with climate change.
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April 2011 – This survey, conducted by Ceres and Fund Votes, examines how U.S. mutual fund companies have been acting - or not acting - to address climate change risks in their portfolios through their proxy voting. The survey, now in its sixth year, analyzed 46 mutual fund families’ proxy votes on 36 shareholder-sponsored climate change-related resolutions in the 2010 proxy season. It found that U.S. mutual funds’ voting support for climate-related shareholder resolutions is not keeping pace with the escalating risks associated with climate change.
